Sep 9 2013, 10:20 AM
QUOTE(robertchoo @ Sep 5 2013, 04:34 PM)
Its the truth. They should learn to grow up.
During my time people are also complaining that property in bandar utama at launch date somewhere in 1996(?) at rm180k was so expensive because the generation before managed to buy taman tun houses for ~rm60k and that wages cannot support the purchase of houses.
Today its the same arguments only different figures.
Pointless.
And believe me, you don't want the gov to get involve. Firstly because they can't do anything to curb prices like what happened in SG and HK and two, knowing our gov, they will find ways to screw it up. In the end you may pay even more for property prices!
If you want to own one, find ways to increase your earnings. Otherwise just rent. Remember nobody owes u nothing
+1 (all para except last para)During my time people are also complaining that property in bandar utama at launch date somewhere in 1996(?) at rm180k was so expensive because the generation before managed to buy taman tun houses for ~rm60k and that wages cannot support the purchase of houses.
Today its the same arguments only different figures.
Pointless.
And believe me, you don't want the gov to get involve. Firstly because they can't do anything to curb prices like what happened in SG and HK and two, knowing our gov, they will find ways to screw it up. In the end you may pay even more for property prices!
If you want to own one, find ways to increase your earnings. Otherwise just rent. Remember nobody owes u nothing
The highest contributor to our GDP is property sector. IF they cool it down, GDP might shrink which stakeholders might not want to see. Hence, i don't think gov will do much on this & if they do the effect/impact is unlikely to be significant/temp. Eventually, the % increase prop px will more than the % they try to curb.
Agree that some Gen-Y earns alot but spending like "waterfall" or like "big water supply" - spending habits
This post has been edited by Curious Guy: Sep 9 2013, 10:38 AM
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